DeHeng Advised Huzhou Hongyu Enterprise Management Partnership on Acquiring the Controlling Stake of Qibu Corporation Limited

2021-12-27

DeHeng provides whole-process legal services for Huzhou Hongyu Enterprise Management Partnership (LLP) to obtain the controlling equity of Qibu Corporation Limited (stock code: "603557," stock name: "ST Qibu") via an agreement. The deal has been approved by Shanghai Stock Exchange and the transaction has been completed. This deal was the first case of the Shanghai Stock Exchange for transfer of shares with judicial marking, which, in addition to the acquirer and the transferor, involved several creditors which have the share pledge right and have applied for a judicial freeze and judicial marking. 

As the special legal counsel for the deal, the DeHeng team, led by lawyer Zhang Heng of the Hangzhou Office and with primary support from lawyer Chen Lili, provided the client with professional, comprehensive and efficient legal services.